Initial price	£152,500
09/10/24	£142,500
14/11/24	£125,500
21/11/24	£115,500
Price Change	-24.26%

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph: This first-floor converted flat is located near Barking Underground Station, offering direct access to the city or Lakeside Shopping Centre, and is within walking distance to Ilford Lane. The property is being sold by the Modern Method of Auction and is available for purchase using the Home for Life Plan, which allows those aged 60 or over to secure the property with a Lifetime Lease and a share of the property value. The plan allows customers to purchase up to 50% of the property value, and the cost is always less than the full market value, typically saving between 20% to 50%. The market value price of the property is £175,000, but the Lifetime Lease price for those aged 60 or over is £115,500, based on an average saving of 33%.